Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Generation Hemp (OTCMKTS:GENH) is a pure-play hemp stock operating in the midstream sector of the industry. While most of the stocks below have cannabis components that add risk, this stock could be the best way to capitalize on the booming hemp market.
Generation Hemp (OTCMKTS:GENH) uses hemp hurd, the byproduct of hemp processing, as animal bedding, under its Rowdy Rooster brand. Studies have proven hemp hurd bedding as one of the most absorbent, non-acidic materials, with low dust. It inhibits the growth of bacteria and mold that animals may breathe in from those dusty competitors.
Hemp hurd also absorbs 235% of its weight which is far better than the closest competition (55%). That’s why GENH’s hurd is now being used to help keep garages clean through a partnership with well-known brand Gas Monkey, Generation Hemp will manufacture a spill absorbent, sourced from hemp hurd.
Generation Hemp Inc. (OTCMKTS:GENH) is also in the crypto mining business, showing just how versatile hemp can be. GENH has partnered with Massachusetts-based Cryptech Solutions, the largest volume reseller of ASICS in North America, to build ‘green energy’ plants and Bitcoin mining farms that utilize hemp as the primary power source. GENH announced the first bitcoin mining facility through a Joint Venture ‘JV’ to be installed at Generation Hemp’s 48,000 sq. foot facility in Hopkinsville, Kentucky, which also houses a hemp drying operation through its wholly-owned subsidiary GENH Halcyon Acquisition.
This plant will be able to generate 2 megawatts (‘MW’) which would allow for up to 576 mining units. Assuming 100 TH/s per unit, GENH and Crypt Solutions would be able to generate $3.65 Million in Bitcoin revenues in 1 year of operations, assuming the price of Bitcoin doesn’t drop beyond its current low.
Oncology Pharma Inc. (OTCMKTS:ONPH) stock was in action in the previous trading session as the stock was down 5.41% to $2.10 with over 56K shares traded hands, compared to its average volume of 118K shares.
The company executed its next phase with Connect2Trials, Inc. Originally, the Company engaged with Ribera Solutions, Inc.’s “Connect2Med” on its patient engagement platform for clinical trials. Ribera has diligently worked on advancing its technology and engagement with pharma and biotech companies with the support of Oncology Pharma.
VaporBrands International Inc. (OTCMKTS:VAPR) stock was one of the notable active movers in previous trading session as the stock was down 8.63% at $0.0227 with over 844K shares traded hands, compared to its average volume of 818K shares.
The company has been designated by OTC Markets Group to the “Current Information” Pink tier as a result of its recently filed financial disclosures along with an attorney letter with respect to current information.
Nexus Energy Services Inc. (OTCMKTS:IBGR) stock continued to trend higher on Tuesday. On Tuesday, the stock up 0.02% to $0.2230 with more than 376K shares traded hands, compared to its average volume of 176K shares.
Nexus Energy Services, Inc. operates as an application development company. The company was founded in 2014 and is based in Henderson, Nevada.
American Green Inc. (OTCMKTS:ERBB) stock was one of the most active stock buzzers. The stock gained 7% to $0.0032 with over 20.46 million shares traded hands, compared to its average volume of 13.16 million shares.
American Green, Inc. operates as a technology company in the medical cannabis industry in the United States. It develops retail, brand, and commercial cultivating solutions in partnership with licensed retail medical marijuana dispensaries operated under the American Green brand name.
SNM Global Holdings Inc. (OTCMKTS:SNMN) stock was one of the notable active movers in previous trading session as the stock was ended down by 11.76% at $0.0008 with over 27.61 million shares traded hands, compared to its average volume of 21.13 million shares.
The company announced it has entered in talks with the aim of acquiring a high revenue producing recycling plant in a joint venture with a world renowned environmental engineering company. The acquisition target is a recycling plant of tire and residual waste and represents the highest state of the art worldwide and, for the first time, makes use of advanced technologies that hitherto have been non-existent.
